Toronto/Vancouver based Zucara Therapeutics secured US $21M Series A funding from Perceptive Xontogeny Venture Fund. Chris Garabedian and Fred Callori joined Zucara board.
Resilience Capital Partners invested in Leader Auto Resources LAR’s US business and rebranded it DealerShop
GreenSpace Brands (TSX-V: JTR) closed $2.55M second tranche of non-brokered private placement with PenderFund Capital Management becoming “control person” with 27.5% stake
Osisko Gold Royalties (TSX/NYSE: OR) to close $85M equity financing with Investissement Québec (IQ)
Crown Capital Partners (TSX: CRWN) through Crown Partners Fund provided a two-year, $5.5 million term loan to Calgary based CCI Wireless – Corridor Communications Inc.
Dane Creek Capital Corporation (DCCC) controlled United Raw Pet Foods acquired Tollden Farms from Annette and Kevin McAleer
Ontario Teachers’ and Utilities Trust of Australia (UTA)/Morrison & Co acquired The Infrastructure Fund (TIF)’s ownership stake in Sydney Desalination Plant (SDP) to own 100% of the plant lease
Cummins (NYSE: CMI) made additional milestone investment in Loop Energy, provider of fuel cell electric range extenders for medium and heavy-duty transport applications. Wayne Eckerle, Cummins VP of Global Research and Technology, joined Loop Energy’s Board
Ada Support secured US $44M Series B funding round led by Accel with participation of Bessemer Venture Partners, FirstMark, Version One, Leaders Fund and Burst Capital
FinTech company WealthyPlanet secured undisclosed amount of seed funding from Mercanti Management Inc.
BluWave (BlueWave-ai) closed $1.5M equity seed financing with OCE and a group of international private investors and $2.43M in non-dilutive financing from Sustainable Development Technology Canada (SDTC)
Video platform for AI developer VXG secured $1 million in seed funding from Verstra Ventures and MaRS IAF.
Mill Road Capital III acquired additional shares of Major Drilling Group International to own 8,145,840 common shares (10.10%) and may wish to engage in a constructive dialogue with the company
Industrial-grade batteries and UPS energy storage company Demand Power Group raised US $71M in equity and commitment of development and project finance from investors including Star America.
Validere secured US $15M Series A funding from Wing VC (lead), Greylock Partners and Sallyport Investments. Aaref Hilaly, Wing VC Partner, will join Validere board.
SaaS insurtech company Relay Platform secured US $3M seed funding led by NFP Ventures with participation of American Family Insurance, Highline Beta, Plug and Play Ventures, and business angels from the reinsurance world
PolicyMe secured $3.3M funding co-led by Consorcio – HCS Capital and Westdale Properties. Luis Felipe San Martin and Jeffrey Kimel to join PolicyMe board
